702, Murjan 2
Sold prices and rental history: sold once, by the developer in February 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Murjan 2
What is 702 worth today?
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Source: Dubai Land Department. Updated 27 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,108 sqft
- Floor
- 7th of 28
- Parking
- G423
- Developer
- Dubai Properties
- Completed
- 2007
- Service charge
- AED 21,600 /yr
- Last sold
- AED 449K · February 2008
- Building
- Murjan 2
About 702, Murjan 2
702 is a one-bedroom apartment of 1,108 sqft on the 7th floor of Murjan 2, a 28-storey tower in Jumeirah Beach Residence completed in 2007 by Dubai Properties. The developer sold it on 10 February 2008 for AED 449,000, or AED 405 per sqft, 3% below the AED 418 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 27 July 2024, is AED 95,000 a year: a gross yield of 21.2% on the 2008 price, before the service charge of about AED 21,600 a year.
Sales and rents for 702 over time
702 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Murjan 2, and where 702 sits
All 124 1-beds →702 last sold in February 2008 at AED 405 per sqft, 3% below what one-beds in Murjan 2 were fetching at the time (AED 418). Over the last 12 months one-beds sold for AED 1,740,000 to 2,100,000, around AED 1,747 per sqft, and rent for AED 85,000 to 250,000 a year. 702's AED 95,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 1,101 sqft | 2,065,000 | 1,876 | ||
| 30 Dec 202530 December 2025 | 1,074 sqft | 2,100,000 | 1,955 | ||
| 23 Dec 202523 December 2025 | 1,101 sqft | 1,780,000 | 1,617 | ||
| 8 Jul 20258 July 2025 | 1,108 sqft | 1,975,000 | 1,782 |
Murjan 2
Building278 apartments, studios to 4-bed over 28 floors in Jumeirah Beach Residence, completed in 2007 by Dubai Properties. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,875
- Typical sale
- AED 1.78M
- Typical rent
- AED 95K /yr
- Typical yield
- 5.3%
Other units on the 7th floor
All 278 units in Murjan 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 1,108 sqft | AED 449KAED 449,000 · Feb 2013February 2013 | 92,000 /yr | |
| 703 | Studio | 713 sqft | AED 1MAED 1,000,000 · Nov 2018November 2018 | 86,000 /yr | |
| 704 | Studio | 714 sqft | AED 1.15MAED 1,150,000 · Dec 2015December 2015 | 85,000 /yr | |
| 705 | Studio | 714 sqft | AED 1.23MAED 1,225,000 · Sep 2024September 2024 | 100,000 /yr | |
| 706 | Studio | 714 sqft | AED 950KAED 950,000 · Sep 2017September 2017 | 78,000 /yr | |
| 707 | Studio | 714 sqft | AED 1.25MAED 1,250,000 · Jun 2014June 2014 | 78,000 /yr | |
| 708 | Studio | 713 sqft | AED 950KAED 950,000 · Aug 2024August 2024 | 70,000 /yr | |
| 709 | 1-bed | 1,101 sqft | AED 415KAED 415,000 · Jun 2008June 2008 | ||
| 710 | 1-bed | 1,101 sqft | AED 415KAED 415,000 · Feb 2013February 2013 | 98,450 /yr | |
| 711 | Studio | 720 sqft | AED 1.05MAED 1,050,000 · Sep 2022September 2022 | 45,000 /yr | |
| 712 | Studio | 720 sqft | AED 840KAED 840,000 · Mar 2013March 2013 | 71,400 /yr |
702, Murjan 2 in numbers
- Sold once: by Dubai Properties on 10 February 2008 for AED 449,000, or AED 405 per sqft.
- Rented since July 2013 on 12 Ejari contracts. The rent fell from AED 105,000 to AED 75,000 in 2021 and recovered to AED 95,000 by July 2024.
- At AED 95,000 a year the gross yield on the 2008 price is 21.2%, before a service charge of about AED 21,600 a year (AED 19.53 per sqft).
- One-beds in Murjan 2 sold for AED 1,740,000–2,100,000 in the 12 months to November 2026; the building's median across all types is AED 1,875 per sqft.
Source: Dubai Land Department. Updated 27 July 2024.
Questions about 702, Murjan 2
What did unit 702 last sell for?
AED 449,000 on 10 February 2008, sold by the developer: AED 405 per sqft for 1,108 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 95,000 a year on the contract renewed on 27 July 2024. The previous contract, from July 2023, was AED 86,000; the unit has been rented since July 2013.
How big is unit 702?
1,108 sqft (102.9 sqm): a one-bedroom apartment on the 7th floor of a 28-storey tower completed in 2007.
What is unit 702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Murjan 2 sold for AED 1,740,000 to 2,100,000 in the last 12 months, around AED 1,747 per sqft.
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Mortgage on 702, Murjan 2
Starts from the last sale price (AED 449K, 10 February 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 449,000
- Deposit, UAE resident (20%)
- AED 89,800
- Deposit, non-resident (40%)
- AED 179,600
- Monthly over 25 years at 3.7%
- AED 1,837
Plus AED 21,768 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →